Business, Economy

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

Dubai most expensive city in Arab world

Dubai ranks 31st in the list of most expensive cities in the world.
By TRENDS Desk
July 24, 2022 10:39 pm
  • Mercer survey is aimed at providing employers data to help them navigate compensation strategies for their mobile employees in the world.
  • Urkaine conflict, rising inflation and volatility of markets has affected the cost of living for most of the people in the world.

Mercer’s 2022 Cost of Living City Ranking reveals the most expensive cities for international employees. The survey claims to provides employers with current, extensive and reliable data to help them navigate compensation strategies for their mobile employees in the unpredictable global markets.

The survey said that amplified by the global health crisis and the conflict in Ukraine, skyrocketing inflation and currency volatility are affecting international economic balances and the cost of living for each of us.

TRENDS looks at the most and least expensive cities in the Arab world.

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